GTN icon

Gray Television

4.05 USD
+0.12
3.05%
At close Feb 10, 4:00 PM EST
After hours
4.04
-0.01
0.25%
1 day
3.05%
5 days
9.76%
1 month
19.47%
3 months
-10.20%
6 months
-4.48%
Year to date
20.90%
1 year
-52.52%
5 years
-81.01%
10 years
-59.09%
 

About: Gray Media Inc is a multimedia company company. The company is engaged in owning and operating local television stations and digital assets serving. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. The group has a majority interest in Swirl Films.

Employees: 9,394

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

4% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 67

6% less funds holding

Funds holding: 220 [Q2] → 207 (-13) [Q3]

16% less capital invested

Capital invested by funds: $412M [Q2] → $346M (-$66.3M) [Q3]

16.72% less ownership

Funds ownership: 87.68% [Q2] → 70.97% (-16.72%) [Q3]

22% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 41

68% less call options, than puts

Call options by funds: $1.13M | Put options by funds: $3.51M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$8
98%
upside
Avg. target
$8
98%
upside
High target
$8
98%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Guggenheim
Curry Baker
54% 1-year accuracy
14 / 26 met price target
98%upside
$8
Buy
Maintained
12 Nov 2024
Benchmark
Daniel Kurnos
56% 1-year accuracy
45 / 81 met price target
98%upside
$8
Buy
Maintained
11 Nov 2024

Financial journalist opinion

Based on 13 articles about GTN published over the past 30 days

Positive
Zacks Investment Research
3 days ago
Gray Media Inc. (GTN) Is a Trending Stock: Facts to Know Before Betting on It
Gray Media (GTN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Gray Media Inc. (GTN) Is a Trending Stock: Facts to Know Before Betting on It
Neutral
GlobeNewsWire
3 days ago
Gray Media Launches New NEXTGEN TV Enhancements for the Big Game on Sunday
ATLANTA, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Gray Media will broadcast Super Bowl LIX using High Dynamic Range (HDR) at all their NEXTGEN TV FOX affiliates, allowing viewers in eight markets to watch the biggest game of the year with improved contrast between the brightest and darkest colors on the screen.
Gray Media Launches New NEXTGEN TV Enhancements for the Big Game on Sunday
Positive
Zacks Investment Research
5 days ago
Gray Media (GTN) Upgraded to Buy: What Does It Mean for the Stock?
Gray Media (GTN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Gray Media (GTN) Upgraded to Buy: What Does It Mean for the Stock?
Neutral
GlobeNewsWire
6 days ago
Gray Media Renews InvestigateTV+ and InvestigateTV+ Weekend for 2025-2026 Season
ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Gray Media has renewed its daily, 30-minute news magazine InvestigateTV+ for a third season. The renewal naturally followed from continued ratings growth for the program in its second season, including weekly cumulative reach with Adults 18+ is up 5.7% in the first 18 weeks of the 2024-2025 season compared to the same period in 2023-2024 according to Nielsen.   Gray also renewed the weekend edition of the show, InvestigateTV+ Weekend, for 2025-2026, its fifth season.
Gray Media Renews InvestigateTV+ and InvestigateTV+ Weekend for 2025-2026 Season
Neutral
GlobeNewsWire
1 week ago
Gray Media Promotes Pamela Biddle to General Manager of WTVM in Columbus, Georgia
ATLANTA, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) announced today the promotion of Pamela Biddle to the position of Vice President/General Manager of WTVM, the ABC affiliate in Columbus, Georgia, effective February 3, 2025.
Gray Media Promotes Pamela Biddle to General Manager of WTVM in Columbus, Georgia
Positive
Seeking Alpha
1 week ago
Gray Media: Free Cash Flow Potential, Reorganization Efforts In 2025, And Undervalued
Gray Media, Inc. is actively reducing operating expenses and capital expenditures, while repurchasing debt to improve its financial position and enhance stock valuation. GTN's recent financial performance appears undervalued, with conservative future projections indicating a fair valuation significantly higher than the current market price. The company is focusing on free cash flow growth and net income growth, anticipating increased demand for its stock from 2025 to 2030.
Gray Media: Free Cash Flow Potential, Reorganization Efforts In 2025, And Undervalued
Neutral
Zacks Investment Research
2 weeks ago
Gray Media (GTN) Ascends While Market Falls: Some Facts to Note
In the latest trading session, Gray Media (GTN) closed at $3.75, marking a +0.54% move from the previous day.
Gray Media (GTN) Ascends While Market Falls: Some Facts to Note
Positive
Zacks Investment Research
2 weeks ago
Investors Heavily Search Gray Media Inc. (GTN): Here is What You Need to Know
Zacks.com users have recently been watching Gray Media (GTN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Investors Heavily Search Gray Media Inc. (GTN): Here is What You Need to Know
Neutral
GlobeNewsWire
2 weeks ago
GRAY SETS DATE FOR FOURTH QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
ATLANTA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended December 31, 2024 on Thursday, February 27, 2025.
GRAY SETS DATE FOR FOURTH QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
Neutral
GlobeNewsWire
2 weeks ago
Charlotte Hornets Partner With Gray Media To Simulcast Five Games On Free, Over-The-Air Television Throughout The Carolinas
Team Returns to Over-the-Air Television for the First Time Since 2007-08 Season Team Returns to Over-the-Air Television for the First Time Since 2007-08 Season
Charlotte Hornets Partner With Gray Media To Simulcast Five Games On Free, Over-The-Air Television Throughout The Carolinas
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